USDJPY is continuing to move within descending structure in sync with downtrend. Basic target will be around 99.30. For today, I will expect that price will achieve 101.00. Later, I will not exclude that market will attempt to return to 102.00. After that price again may go down to achieve target.
AUDUSD is continuing to trade within consolidation. Market is trying to extend trading range to 0.9222. After that, I will watch for possible reversal and continuation of the growth with 0.9510 as target.
Russian rouble continues to rise with 36.48 as a target. If it happens, I expect to see completion of elongation of this ascending wave. After that, I will assume that price will decline with 35.93 as a target. Expecting to see 35.35 as a target.
Gold continues to move within ascending structure. Basic scenario is consolidation around recent highs. After that, I will watch for descending structure with 1275 as target.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
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